News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 11) The SPX index lost 28bps on the session, closing at 6637. The index tested and held the 10dma (ref 6627) with a low of 6621 as price continues to work between it (the 10dma) and the Upper Bolinger Band. Momentum
News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 10) The SPX index lost 55bps during yesterday’s session, closing at 6656 after achieving a minor new all-time high at 6699.52. My momentum and trend indicators remain firm. My Spot VIX signal remains “neutral”. My VIX Term Structure signal
News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 9) The SPX index gained 44bps on the session, hitting yet another all-time high (ref 6698) and all-time closing high (ref 6693). My momentum and trend indicators continue to expand. My Spot VIX signal remains “neutral”. My VIX Term Structure signal
News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 8) The SPX index gained 49bps during Friday’s session, hitting a new all-time high (ref 6671) and all-time closing high (ref 6664). My momentum and trend indicators continue to expand as price emerges from the Aug 13-Sep 4 consolidation. My
News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 2) The SPX index gained 85bps during yesterday’s session, hitting a new all-time high (ref 6592) and a new all-time closing high at 6587. Momentum and trend indicator improvement is gaining steam. My Spot VIX signal remains “neutral”. My VIX
News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 1) The SPX index gained 30bps during yesterday’s session, hitting yet another new all-time closing high at 6532. Momentum and trend indicators have slowly improved and confirmed price. My Spot VIX signal remains “neutral”. My VIX Term Structure signal remains
News
Current ACAP Momentum/Trend Model Signal: NEUTRAL (Day Count = 3) The SPX index gained 27bps during yesterday’s session, hitting a new all-time closing high at 6512. Momentum and trend are steady/improving. My Spot VIX signal remains “neutral”. My VIX Term Structure signal remains “risk on”. The ACAP Momentum/
News
Current ACAP Momentum/Trend Model Signal: NEUTRAL (Day Count = 2) The SPX index gained 21bps on the session yesterday, closing at 6495. The session was relatively quiet as the high/low range of 6508/6483 was tight and well within Friday’s range of 6532/6443. Momentum and trend indicators
News
Current ACAP Momentum/Trend Model Signal: NEUTRAL (Day Count = 1) The SPX index lost 32bps during Friday’s session, closing at 6481 (previously highlighted resistance level). This modest loss came after the index hit yet another all-time intraday high at 6532. My momentum and trend indicators continued to improve. My
News
Current ACAP Momentum/Trend Model Signal: NEGATIVE (Day Count = 4) The SPX index gained 83bps on the session yesterday, closing above 6500 at a new all-time closing high of 6502.08. There was some confirming improvement as well in my momentum and trend indicators. My Spot VIX signal is “neutral”
News
Current ACAP Momentum/Trend Model Signal: NEGATIVE (Day Count = 3) The SPX index gained 51bps on the session yesterday, closing back above the 10dma (ref 6444) at 6448. Momentum and trend indicators continue to degrade. My Spot VIX signal flipped back to “neutral”, returning +1.87% on the trade. My
News
Current ACAP Momentum/Trend Model Signal: NEGATIVE (Day Count = 2) The SPX index lost 69bps during the Tuesday session, closing at 6415. The low on the day ticked well below 6400 (ref 6360) but the index managed to recover over 50% of the early session losses by the close. Momentum